OPG Power Ventures plc Re-start of operations of Chennai Unit IV (180 MW) (3800S)
March 11 2019 - 2:00AM
UK Regulatory
TIDMOPG
RNS Number : 3800S
OPG Power Ventures plc
11 March 2019
11 March 2019
OPG Power Ventures plc
("OPG", the "Group" or the "Company")
Re-start of operations of Chennai Unit IV (180 MW)
As previously reported, Unit IV (180 MW) of OPG's Chennai plant
was shut down whilst turbine repairs were undertaken. OPG is
pleased to report that the repair works, which were performed under
the supervision of the turbine manufacturer, have been completed
and Unit IV re-started operations on 5 March 2019.
Arvind Gupta, Executive Chairman, commented:
"Despite the temporary interruption of operations at Unit IV, we
expect to meet market profit expectations for our final results for
the year to 31 March 2019 and we are confident of maintaining
strong operational performance in FY20."
For further information, please visit www.opgpower.com or
contact:
+91 (0) 44 429
OPG Power Ventures PLC 11211
Arvind Gupta / Dmitri Tsvetkov
Cenkos Securities (Nominated Adviser +44 (0) 20 7397
& Broker) 8900
Stephen Keys
+44 (0) 20 7920
Tavistock (Financial PR) 3150
Simon Hudson / Barney Hayward
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END
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